##
##
##
##
##
##
||||Page|
|---|---|---|---|
|Trustees' Report (incfudlng
reference and administrative||details)|1-5|
|Statement ofIfnanclal actlvltles||||
|Salance Sheet||||
|Statement cfcash flows||||
|Notes to the Rnanclal statements|||9-17|
|Dedaratlon|||18|
|Independent
examiner's
report|||19|
|The fogowlng pages do not form part ofthe hnanctal||statements||
|Detailed statement
offlnanclal|acUvlttes||20-21|
##
##
##
##
|V Jordan||||
|---|---|---|---|
|AJStephens|Rev. G Higgs|Chairman||
|I Hodglns|GHHom|||
|A De Vlsll|H Mitchell|||
|8Westlake|NJ Morris|||
|LSharp|M D Haydon|(Appointed|1/1/21)|
|M Coutts|P Courlney|(Appointed|1/1/21)|
|AAlexander|E Norton|(Appointed|1/1/21)|
|H M Robins
J Morris|LStewart
C Paterson|(Appointed
(Appointed|1/1/21)
1/9/21)|
|M Jenner|C AJago|(Appointed|1/9/20)|
|C Smith|C Hodglns|(Appointed|1/1/21)|
|J M Stephens||||
|P Hom||||
|G Rolfe||||
##
##
##
##
|Other relevant o|rgsnisatlons
acting on behalf|rgsnisatlons
acting on behalf|
|---|---|---|
|Bankers:|Lloyds TSBBank Pic||
||8 Royal Parade||
||Plymouth||
||PL1 1HB||
|Solkitors|Gill Akaster||
||25 Lockyer Street||
||Plymouth||
||PL1 2QW||
|Accountants|Prydis Accounts|Limited|
||The Parade||
||Liskeanl||
||Comwall||
||PL146AF||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||UnreslrkM|Restricted|||||
|---|---|---|---|---|---|---|---|---|
|||Note|funds|funds|Total 2021|||Total 2020|
||||||f'|||f|
|Income and Endowments|||||||||
|onstlons,
grants snd legeckxr||2||428,229|428,229|79,845|367,721|447,566|
|Assessments
on Churches||3|115,000||115,000|121,700||121,700|
|Other charitable
Income||3|8,372|15,212|23,684||21,672|21,672|
|Income fram monetary
Investments||4|336|1,262|1,598|624|1,091|1,715|
|Other||5|2275||2475|342||342|
|Total|||125,983|444,703|570,666|202,511|390,484|592,995|
|Expenditure
on charitable|esther||||||||
|Grants and dcnabcns||9|123|7,237|7,360|390|0|390|
|Sakxles and ssscckrted costs||7|73423|62,343|135,566|71,417|58,398|127,813|
|Property maintenance
-menses|||1430|-|1,230|1,006||1,008|
|Pmparty maintenance
-other||||6,470|6,470||5,424|5,424|
|District Assessment 8 Levy|||26,264|-|25,254|26,408||26,408|
|Dspree lsgcn||12|1,197|4,042|5,239|1,595|3,639|5,234|
|Cfire &other expenses||8|5,795|247,055|252,650|4,998|195,276|200,274|
|Telephone 6travel|||1,249|2,672|3,921|2,712|1,346|4,060|
|Insrxancs,
utllNes etc.|||10,628|15,489|26,117|11,501|17,779|29480|
|Total|||118698|345308|484007|120028|279862|399890|
|Net Incomel(expendltum)|foryear||7,285|99,395|108,679|82483|110,822|193,106|
|Transfers
between funds||19|1,856|(1,856)||(625)|625||
|Net movement
In funds|||9141|97539|108,679|81,858|111,247|193,105|
|Reconcllladon
offunds:|||||||||
|Total funds brought fonrard|||136,825|869649|1 006,274|54767|758402|813169|
|Total funds carried forward|||145,786|967,188|1,112,953|136,625|889,649|1,006,274|
##
##
||||Unrestricted|Restricted|Totals this|Totals last|
|---|---|---|---|---|---|---|
|||Notes|fundsf|Funds
f|year'f|yearf|
|Fhed Assets|||||||
|Tanglbk9 fixed esses&||12|36M|624994|328682|619M7|
|Total fixed assete|||3&588|624,994|628,582|819,067|
|Current Assets|||||||
|Stock||13||11,280|11,280|62,670|
|Debtors||14|5,291|5,036|10,327|9,577|
|Central Rnancs Board|Deposits|15|28,699||28,699|36,310|
|Cash at Bank end In hand||15|129229|3915!6|620 914|377 413|
|Total current assets|||183,219|408,001|571~0|485,970|
|Cunent liebl98es|||||||
|Creditors (due in under|1 year)||21,041|65808|86849|98,763|
|Total current llabllltles|||(21,041)|(65,808)|(86,849)|(98,763)|
|Net current assetsfgablltles|||142,178|342,193|484,371|387407|
|Net assets|||1467M|967187|1 11 953|~&DOS
4|
|Funds ofthe Cbc nit|||||||
|General Fund (Urrestdcted)||17|145766||146 &M|136325|
|Total Unrestricted
Funds|||145,766||145,788|1M,626|
|Restdcted Funds||18||967,188|967,188|869,649|
|Total Funds|||145&M|967188|I 112963|~15M
74|
##
||||||||Totals this|Totals|
|---|---|---|---|---|---|---|---|---|
||||||||yearf|last year
F|
|Cash from operating
activities|||||||149947|148778|
|Net cash used
In operating
activities|||||||191,M7|448,778|
|Cash flows from Investing
a tlvttles|||||||||
|DMdends, interest and rents from investments|||||||1,598|1,715|
|Proceeds from the sale of property, plant
Purchase of property, plant and equipment
Net cash provided
by Investing
sctMtles||and|equipment||||~4,
734
13,158|1,715|
|Cash flows from financing
activities|||||||||
|New borrowing|||||||||
|Repayments
of borrowing|||||||||
|Net cash used in Ilnandng
activities|||||||||
|Change
In cash and cash equivalents|In|the|reporting|period|||135,891|150,493|
|Cash and cash equivalents
at the beginning|||ofthe reporting||period||413,723|263,229|
|Cash snd cash equivalents
at the end|of|the|reporting|period|||549,614|413,722|
|Recontdtiatkm
ofnst Income to net|cash flow from|||operating||activtthrs|||
|Net Income forthe reporting
period (ss per statement||||of5nandal||actlvNes)|106,679|193,105|
|Adtustments
for.|||||||||
|Depredatlcn
snd amortisatlon
charges|||||||5,239|5,234|
|Profit on the sale offhed assets|||||||||
|Loss on the sale offixed assets|||||||||
|Gains on Investments|||||||||
|Dividends,
interest and rents from Investments|||||||(1,598)|(1,715)|
|Decrease/(Increase)
In stocks|||||||51,390|(46,196)|
|increase)/decrease
In debtors|||||||(750)|(1,082)|
|increase/(decrease)
In creditors|||||||(11,913)|(588)|
|Net cash used
In operating
actMties|||||||149,047|148,778|
|Analysis ofcash snd cash equivalent
Central Finance Board Deposits
Cash at Bank snd In hand|||||||28,699
839914|36,309
377413.|
|Total cash and cash equivalents|||||||549,813|413,722|
|Reconciliation
ofnet debt|||||||||
|||1st Sept 2020|||Cash-flow||31stAug 2021||
|Cash and cash equivalents|||413,722|||135,891|549,613||
|Debt under
1 year|||||||||
|Debt over 1 year|||||||||
||||413,722|||135,891|549,613||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2 Donations
snd|legacies||||||
|---|---|---|---|---|---|---|
|||2021|||2020||
||Unrestricted|Restricted|Toad Funds|Unrestrkted|Restricted|Total Funds|
||Funds|Funds|2021|Funds|Funds|2020|
||E|E|F.|E|E|E|
|Donations||338,297|338,297|79,845|98,489|178,334|
|Grants Received||89,932|89,932||289,232|289,232|
|||428 229|428229|79845|387721|447 686|
##
##
##
##
|Other Charitab|le
|Income|||||||
|---|---|---|---|---|---|---|---|---|
|||UnreslrkM|2021
Restricted|Total Funds|U~|2020
RestrkM||Total Funds|
|||Funds|Funds|2021|Funds|Funds||2020|
|||E|E|E|E|E||E|
|Mlvlges for|||||||||
|generating
funds||2,275|15412|17,487||9,521||9,521|
|Fundmislng
events|||||||||
|Rental Income||8,372||8,372||12,151||12,151|
|||10847|15 12|25859||21 672||21 872|
|4Investmsnt|Income||||||||
||||2021|||2020|||
|||Unrestricted|Retrkted|Total Funds|Unrestricted|Restrkted||Total Funds|
|||Funds|Funds|2021|Funds|Funds||2020|
|Interest received||E|E|E|E|E||E|
|Central Fluence
Board||57||57|||171|713|
|Other Banks|||1,203|1,541|82||920|1,002|
||||1203|1 598|624|1|091|1715|
##
##
##
##
##
##
##
##
|8ONce and|other expenditur|e||||||||
|---|---|---|---|---|---|---|---|---|---|
|||Unrasktcted||2021
Restricted|Total Funds|Unrestricted||2020R~|Total Funds|
|||Funds||Funds|2021|Funda||Funds|2020|
|||e|e|e|e||e|e|e|
|Prtnffng
and Statcnsry||1,484||3,557|5,041|||3,416|3,484|
|Professional fees||||||||199|199|
|Accountancy fees||1,492||1,070|2,562|1,324||1,214|2,538|
|Independent
examlnatkm
fees||||700|1,050||||1,050|
|Staf expenses|||357|1,077|1,434|3,211||1,509|4,720|
|TMCP Charges|||161|537||||360||
|Tralrang||||||||1,206|1,206|
|Sundry costs||1,951||16,943|17,894|||8,388|8,433|
|Grants for whffe goads||||23,013|23,013|||||
|Oasis Project costs||||9,570|9,570|||7,117|7,117|
|Fccdbank provtakms||||191588|191588|||171167|171167|
|Total||5|795|247 055|252 850|4|998|195 76|200
74|
|9Grants and|donaBons|||||||||
|||||2021||||2020||
|||Unrestricted||Restricted|Total Funds|Unrestricted||Restricted|Total Funds|
|||Funds||Funds|2021|Funds||Funds|2010|
|Other donadons||||||||||
|Other|||||7360|||||
|Total|||||7 360|||||
|10Direct and support costs||||||||||
|||||2021||||2020||
|||Unrestricted||Restricted|Total Funds|Unmstrlcted||Restrtctsd|Total Funda|
|||Funds||Funds|2020|Funds||Funds|2019|
|||e||e|e|e||e|e|
|Direct costs||106,074||259,046|365,120|106,785||256,753|363,538|
|Support costs:||||||||||
|Prlntlng
and staffonery||1,484||3,557|6,041||68|3,416|3,484|
|Insurance
and utlllffes||10,628||15,489|26 117|11,501||17779|29,280|
|||12,112||19,046|31,158|11|589|21 195|32764|
|Governance|costs:|||||||||
|Accountancy|services by|1,492||1,070|2,562|1,324||1,214|2,538|
|Independent|examiner|||||||||
|Independent|examination||350|700|1 050||350|700|1050|
|||1,842||1,770|3,612|1,674||1,914|3,588|
##
##
##
##
##
##
##
||||2021|2020|
|---|---|---|---|---|
||||6||
|Deferred income brought forward|||28,750||
|Assessment|Income received
In|the year|105,100|120,250|
|Deferred Income carried forward|||(18,850)|~428, 758|
|Assessment|Income recognised|In the year|115ODD|121 BOD|
##
##
##
##
##
##
##
##
##
##
##
|Fund||Balance at|||||||Balance at|
|---|---|---|---|---|---|---|---|---|---|
|||31-Aug-20
8|income
6|Expenditure
8||Transfers
6|||31~g-21
6|
|Property||584,408|||||||584,408|
|Oasis Project||68,569|36,035||(42,156)||||82,448|
|Plymouth
Foodbank||259,045|408,609||(294,909)||||372,745|
|Keyhsm
Methodist|Community|Centre
2,325|||(469)||(1,856)|||
|Circuit Model Trust|Fund|19,910|59||(7,775)||||12,194|
|Amounts
due to PMCH||(64,808)|||||||(64,608)|
|||869,649|444,703||(345,309)||1,856)||967,187|
|General Fund||58,780|125,983||(118,897)||1,856||65,922|
|Designated - Oasis|Project|79,845|||||||79,845|
|Total Funds||1,006474|570,888||464,006||||1,112,953|
|Transfers between|funds|||||||||
|Transfers represent|recharges|for rent and services provided
between|the separate||departments|ofthe||Mission||
|Circuit.||||||||||
|Fund||Balance at|||||||Balance at|
|||314wg-19||Expenditure|||Transfers||31~g-20|
|||8|||6|||||
|Properiy||584,408|||||||584,408|
|Oasis Project||55,034|57,954||(44,419)|||0|68,569|
|Plymouth
Foodbank||161417|331,309||(233,481)|||0|259,045|
|Ksyham
Methodist|Community|Centre
2,065|1,049||(1,414)|||625|2,325|
|Circuit Model Trust|Fund|20,288|172||(548)||||19,910|
|Amounts
due to PMCH||(64,608)|||||||64,608|
|Total restricted||758,402|390,484|-|279,862|||625|869,649|
|General Fund||54,767|202,511|-|120,028|-|80,470||56,780|
|Designated - Oasis|Project||||||79,845||79,845|
|Total Funds||||||||||
##
##
##
##
##
##
##
##
##
##
##
||||2021|2020|
|---|---|---|---|---|
||||8|6|
|Income|||||
|Circuit Assessments|||115,000|121,700|
|Oasis Project - 2020||||67,635|
|Grants|||89,932||
|Donations|||338297||
|Plymouth
Foodbank - 2020||||330,709|
|Keyham
Community|Centre|||15|
|Interest receivable|||1,598|1,716|
|Legacy||||79,845|
|Other|||17,487|341|
|Rental Income|||8,372|1,034|
|TOTAL INCOME||||592, 95|
|EXPENDITURE|||||
|Stlpends and associated costs|||72,784|70,825|
|Staff salaries|||62,782|66,988|
|Staff expenses|||1,433|2,386|
|District Assessment|||25,254|26,408|
|Costs of running
and|maintaining|properties|||
|Utll6es|||20,587|22,743|
|Repairs and maintenance|||7,700|6,432|
|Telephone|||1,249|2,712|
|Oasis Project costs|||9,570|7,117|
|Foodbank costs|||191,588|171,167|
|Management
and administration|||||
|Minister Expenses|||858|2,334|
|Insurance|||5,530|6,536|
|Stationary,
postage end photocopylng|||6,041|3,484|
|Motor and travelling|||2,672|1,348|
|Accountancy|||3,612|3,588|
|Payments
to external|organisations||360||
|Other costa|||||
|Training costs|||1,151|1,208|
|Other dona6ons|||7,360|390|
|Grant for white goods|||23,013|360|
|Fuel Vouchers|||3,830||
|Professional fees||||199|
|TMCP Charges|||898||
|Sundries|||11,898|8,433|
|Deprechdon|||5,239|5,234|
|TOTAL EXPENDITURE
NET SURPLUS/(DEFICIT)|||I~IP0
484 MB|~35
399890|
##
||||Circuit|Oasis|Foodbank|Keyham|
|---|---|---|---|---|---|---|
|Income|||6|8|8|8|
|Circuit Assessments|||115,000||||
|Oasis Project|||26,426||||
|Grants||||18,960|70,972||
|Donations||||1,535|336,762||
|Plymouth
Foodbank|||37,020||||
|Keyham
Community|Centre||||||
|Interest receivable|||395|328|875||
|Legacy|||||||
|Other|||2,275|15,212|||
|Rental Income|||8,372||||
|TOTAL INCOSIE|||189,488|36,035|408,609||
|EXPENDITURE|||||||
|Stlpends
and associated costs|||72,784||||
|Staff salaries|||62,782|25,503|36,840||
|Stalf expense|||357||1,077||
|District Assessment|||25,254||||
|Costs of running
and|maintaining|properties|||||
|Utilities|||5,098|2,940|12,080|469|
|Repairs and maintenance|||1,230|1,660|5,913||
|Telephone|||1,249||||
|Oasis Project costs||||9,570|||
|Food bank costs|||||191,588||
|Management
and administration|||||||
|Minister Expenses|||856||||
|Insurance|||5,530||||
|Sts6onary, postage and photocopying|||1,484|1,319|2,238||
|Motor and travelling|||||2,672||
|Accountancy|||1,842|600|1,170||
|Payments
to external|organisations||||360||
|Other costs|||||||
|Keyham expenses|||1,151||||
|Other donations|||7,360||||
|Grants for white goods|||||23,013||
|Fuel Vouchers|||||3,830||
|Professional fees|||||||
|TMCP Charges|||698||||
|Sundries|||1,048||10,650||
|Depredation|||1,197|564|3,478||
|TOTAL EXPENDITURE|||189 918|42,156|294,909|469|
|NET SURPLUS/(DEFICIT)||10B680|430|8,121|113700|489|